This week cryptocurrency traders turned their focus to the pack of dog-themed meme tokens as altcoins like Shiba Inu and Dogecoin (DOGE) saw a surge in volume which resulted in SHIB hitting a new all-time high and the remaining Dogecoin clones booking some juicy gains. Traders are now debating whether the launch of the first Bitcoin (BTC) exchange-traded fund (ETF) kicked off … [Read more...] about 3 reasons why Curve (CRV) price is trending toward a new 1-year high
Trending
China’s annual ban explained, ‘crypto crash’ trending … and more
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Is China banning crypto again? FUD watchers got a glimpse of an old favorite as three government bodies in China, including the China Internet … [Read more...] about China’s annual ban explained, ‘crypto crash’ trending … and more
Bitcoin’s average hash rate trending at a new high
Glassnode data shows that the hash rate on the Bitcoin network has reached a new peak Bitcoin miners are having a good run at present as data from Glassnode shows the hash rate on the network is swinging around a new all-time high. The on-chain analytics provider pointed out that the average hash rate peaked this week, crossing 178 Ehash/s (exa hashes per second). It is the … [Read more...] about Bitcoin’s average hash rate trending at a new high